Inflation: a law will cap Hydro-Québec rates

Inflation: an law will cap Hydro-Québec's rates

Hydro-Québec's head office.

To help Quebecers cope with inflation, the government will cap Hydro-Québec rates. A bill to this effect was tabled by the Minister of the Economy Pierre Fitzgibbon on Friday.

Under this new bill, Hydro-Québec rate increases would follow inflation, but would be limited to 3%.

More details to come.

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